Category: News
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Carbondale, IL- January 9, 2015 SIU Credit Union, which has proudly served the financial needs of Southern Illinois for over 76 years, opened the doors this week to their new Harrisburg location. Located at 777 Ford Street on the new Route 13 Harrisburg Bypass, the branch replaces the current Bonan Business Center location.

“We are excited to provide members a new branch experience,” Dennis Schaefer, SIU Credit Union President and CEO said. “The Harrisburg branch helps to carry out our mission of always working for our members. We look forward to serving many new members from this community who will enjoy the personal service and state-of-the-art mobile and online convenience that SIU Credit Union offers.”

The Harrisburg branch is open Monday through Friday, 9 a.m. to 5 p.m. For added convenience, the location features several amenities to enhance the member experience such as a drive-up teller window, night depository, 24-hour full service drive-up ATM machine, shared branching for members of other credit unions in the shared branching network, and in-lobby online banking access kiosk.

As you know, SIU Credit Union prides itself in keeping the fees that we do charge as low as possible. Although, from time to time we do need to adjust some fees. Beginning on February 23, 2015 some new fees will go into effect. Never fear, here are some great tips to make the most of the free services that are offered at SIU CU and avoid any unnecessary fees.

E-Statements How would you like to reduce the clutter in your mailbox, avoid mail theft and save yourself some cash? Save time and conveniently access your financial statements online, whenever you want, instantly. With free online E-Statements. It’s just like receiving your monthly paper statements in the mail only better!

SIU Credit Union knows that you’re always on the go! So we’re providing you with a list of useful apps for your smart phone or mobile device. Need to access your account, find an ATM, help buying a car, or even get discounts when you’re shopping? It’s all right at your fingertips. Find these apps in the Apple App Store or on Google Play.

SIUCU Mobile Banking – It’s easy and convenient to manage your finances – wherever you are! Away from your computer and need to make a transfer? Or maybe you just need to check your balances or pay a bill. It’s all easy with the SIUCU Mobile Banking App.

COMING SOON! SIUCU Deposit – In early 2014 you’ll be able to make check deposits anytime, anywhere using your mobile device. Just tap the SIUCU Deposit App, Snap a picture of the check with your mobile device and deposit it into your account.

NerdWallet finance blog recently released their top picks for university credit union financial literacy programs, and SIU Credit Union was named the Best for Car Buyers.

“It’s an honor to be recognized,” says Karli Feldhake, Marketing Director of SIU Credit Union. “We always strive to provide helpful financial resources to our members and the entire community.”

SIU Credit Union’s website offers a variety of free resources including financial calculators, Illinois Motor Vehicle forms, and links to popular auto buying websites such as Kelly Blue Book – all designed to help improve financial knowledge and the car buying experience.

“Credit unions are great for free checking and loans, of course, but many people don’t realize that they’re also an excellent resource for financial literacy,” says Laura Edgar, NerdWallet’s credit union specialist. “We were especially impressed with SIU’s collection of information on cars. Buying a car requires so much more than getting a good rate on a loan, and we think it’s wonderful that SIU encourages their members to view the process holistically.”

MADISON, Wis. (11/8/10 CUNA)–Consumers who conduct their financial transactions at credit unions have a more positive view of their personal finances than those who don’t, according to a recent survey. And that has prompted Bankrate to look at what causes the correlation between belonging to a credit union and being financially sound.

“According to credit union data released from the Discover U.S. Spending Monitor in September, 38% of credit union members rate their personal finances as good or excellent, compared to 30% amongst noncredit union members surveyed,” said a blog posting on Bankrate.com (Nov.4). “Just 17% of credit union members rate their finances as poor, while 29% of noncredit union members feel the same way.

“Twenty-one percent of credit union members feel their finances are getting better compared to 19% of noncredit union members, a two-point difference,” the blog continued. “Both groups also differ when it comes to whether their personal financial situation is getting better or worse; 48% of credit union members feel their finances are worsening compared to 51% of noncredit union members, a three-point difference.”

What causes the correlation between being financially sound and belonging to a credit union?